Showing 1 - 10 of 22
Baht appreciates to 30-month high
Business, Pawee Sirimai, Published on 17/11/2017
» The baht rose to 32.95 versus the greenback Thursday, hitting a 30-month high, with Bank of Thailand governor Veerathai Santiprabhob saying the firmer baht is in line with regional peers, driven by the US dollar's retreat.
MPC keeps policy rate unchanged at 1.5%
Business, Pawee Sirimai, Published on 09/11/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) kept the policy interest rate unchanged yesterday as widely expected, saying the economy has grown at a faster pace than expected.
More tax incentives sought to help elderly with employment
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.
Inflation target left untouched
Business, Pawee Sirimai, Published on 20/10/2017
» The Bank of Thailand will maintain its inflation target band of 1-4% for next year on expectations that inflation will fall back to the lower band by mid-2018, says governor Veerathai Santiprabhob.
Central bank's MPC predicts growth, with caveats
Business, Pawee Sirimai, Published on 12/10/2017
» The Bank of Thailand's rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment.
MPC warns economy on shaky ground
Business, Pawee Sirimai, Published on 08/06/2017
» Thailand's potential growth is likely to falter due to structural factors, some members of the Monetary Policy Committee (MPC) warned in edited minutes of the policy rate setter's meeting held last month.
BoT losses taper off
Business, Pawee Sirimai, Published on 27/05/2017
» The Bank of Thailand's net loss narrowed by 9% to 80.8 billion baht in 2016, with the central bank saying its accumulated losses would not affect operations.
BoT: Bourse outflows to be expected
Business, Pawee Sirimai, Published on 12/05/2017
» Ongoing fund outflows from the Thai stock market are in line with the Bank of Thailand's expectations and the phenomenon is commonly seen in emerging markets, says the central bank chief.
MPC strikes measured tone in minutes
Business, Pawee Sirimai, Published on 13/04/2017
» Thai economic growth is still in the early stages and not yet broad-based, according to the edited minutes of the Monetary Policy Committee's (MPC) meeting on March 29.
MPC raises GDP growth view
Business, Pawee Sirimai, Published on 30/03/2017
» The Bank of Thailand's Monetary Policy Committee (MPC) yesterday raised its 2017 economic growth forecast to 3.4% from 3.2% predicted three months ago because of a stronger export outlook, as it kept the policy rate unchanged at 1.5% as widely expected.